Wycliffe Associates Inc.

Summary

Because of the work of national Bible translators supported by faithful donors, prayer partners, and volunteers, people are hearing the truth.


Contact information

Mailing address:
11450 Translation Way/
P.O. Box 620143
Orlando, FL 32862

Website: https://wycliffeassociates.org/

Phone: 1.800.843.9673

Email: web@wycliffeassociates.org


Organization details

EIN: 952584324

CEO/President: Mr. Bruce Smith

Chairman:

Board size: 11

Founder: Mr. Cameron Townsend

Year founded: 1995

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: No

Member of ECFA since:


Purpose

Today, we empower and equip national Bible translators-native speakers-to translate Scripture into their heart language using resources and tools provided through MAST (Mobilized Assistance Supporting Translation) workshops under the guidance and authority of the local church. Because these national Bible translators are native language speakers-and they are using resources and tools created by linguists and software specialists-they are able to complete translation of the Scriptures quickly and accurately! Around the world, word is spreading that MAST is the way for churches to have God's Word in their language and share the truth with their neighbors.


Mission statement

Thousands of donors and prayer partners have caught the vision of a Bible in every language by 2025! Together these passionate men and women are ensuring national Bible translators have everything they need to get God's Word into their heart language . . . transforming entire communities and people groups.


Statement of faith

At Wycliffe Associates, God's Word is central to everything we do. Our Core Beliefs are drawn from the teachings of the Holy Bible. In that spirit, we adhere to the following truths: The divine inspiration and consequent authority of the whole canonical Scriptures. The doctrine of the Trinity. The fall of man, his consequent moral depravity, and his need for regeneration. The atonement through the substitutionary death of Christ. The doctrine of justification by faith. The resurrection of the body, in the case of the just and the unjust. The eternal life of the saved and the eternal punishment of the lost.

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating359 of 59131 of 45
Fund acquisition rating521 of 59142 of 45
Resource allocation rating351 of 59130 of 45
Asset utilization rating134 of 59112 of 45

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20192018200420032002
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%15%19%39%37%47%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%15%18%28%28%29%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%99%97%71%76%61%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%15%17%28%26%30%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%1%3%29%24%39%
 
Operating ratiosMedian % for
all ministries in
MW database
20192018200420032002
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%80%76%60%60%58%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%96%106%101%105%97%
Program output ratio Program output ratio =
Program services /
Total revenue
80%77%80%61%63%56%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%4%-6%-1%-5%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%11%-12%-4%-15%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%5%7%12%13%12%
 
Investing ratiosMedian measure
for all ministries
in MW database
20192018200420032002
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.042.332.202.852.692.23
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.721.181.231.341.171.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.182.742.703.823.132.51
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20192018200420032002
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7523.9319.324.557.058.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.040.050.220.140.12
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.744.204.222.453.284.19
 
Solvency ratiosMedian % for
all ministries in
MW database
20192018200420032002
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%4%4%16%12%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%41%44%29%33%40%

Financials

Balance sheet
 
Assets20192018200420032002
Cash$3,977,896$4,846,898$1,951,611$2,421,930$70,093
Receivables, inventories, prepaids$0$0$198,648$89,098$14,452
Short-term investments$13,183,825$9,890,179$0$0$0
Other current assets$0$0$143,128$95,011$2,986,989
Total current assets$17,161,721$14,737,077$2,293,387$2,606,039$3,071,534
Long-term investments$0$0$367,000$0$0
Fixed assets$1,668,821$1,625,713$414,681$436,017$0
Other long-term assets$1,342,618$1,699,785$0$0$379,700
Total long-term assets$3,011,439$3,325,498$781,681$436,017$379,700
Total assets$20,173,160$18,062,575$3,075,068$3,042,056$3,451,234
 
Liabilities20192018200420032002
Payables and accrued expenses$717,047$762,740$385,893$313,028$278,145
Other current liabilities$0$0$117,808$56,816$101,655
Total current liabilities$717,047$762,740$503,701$369,844$379,800
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$717,047$762,740$503,701$369,844$379,800
 
Net assets20192018200420032002
Unrestricted$14,372,144$13,583,198$1,349,105$1,484,062$1,489,815
Temporarily restricted$5,083,969$3,716,637$1,222,262$1,188,150$1,581,619
Permanently restricted$0$0$0$0$0
Net assets$19,456,113$17,299,835$2,571,367$2,672,212$3,071,434
 
Revenues and expenses
 
Revenue20192018200420032002
Total contributions$48,463,714$36,611,658$6,150,192$5,915,497$4,829,857
Program service revenue$0$0$1,565,443$1,067,700$2,116,072
Membership dues$0$0$0$0$0
Investment income$604,846$359,854$117,340$158,377$203,038
Other revenue$66,196$673,426$827,827$628,454$810,583
Total other revenue$671,042$1,033,280$2,510,610$1,854,531$3,129,693
Total revenue$49,134,756$37,644,938$8,660,802$7,770,028$7,959,550
 
Expenses20192018200420032002
Program services$37,688,222$30,060,864$5,255,642$4,929,924$4,464,087
Management and general$2,163,089$2,901,195$1,081,792$1,078,714$953,547
Fundraising$7,127,167$6,781,543$2,424,213$2,160,612$2,285,527
Total expenses$46,978,478$39,743,602$8,761,647$8,169,250$7,703,161
 
Change in net assets20192018200420032002
Surplus (deficit)$2,156,278($2,098,664)($100,845)($399,222)$256,389
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,156,278($2,098,664)($100,845)($399,222)$256,389

Response from ministry

No response has been provided by this ministry.


History

In 1967, Bill Butler, Dale Kietzman, and Rudy Renfer-friends of Bible translators who were deeply concerned with the future of Bible translation - discovered that translators were spending an increasing amount of their time on tasks unrelated to translation, like accounting, building maintenance, and more. They also noticed that Christian business professionals with a heart for service and a wide variety of skills could volunteer and accelerate Bible translation, freeing up thousands of hours of translation time each year. Knowing hundreds of millions of people were still waiting for God's Word in their own language, they committed to giving these people access to the truth of the gospel, so they could know the God who loves them and desires a relationship with them. That year, they founded Wycliffe Associates. Since then, the generosity of Bible translation supporters has allowed us to expand our services to Bible translators to include advanced technology, efficient translation strategies, greater financial resources, and logistical and operational support. Wycliffe Associates empowers national Bible translators under the authority of the local church in each community. Together with our donors and prayer partners, we are following God's call to accelerate Bible translation in the most remote, most antagonistic parts of the world. In 2014, Wycliffe Associates developed and tested a revolutionary Bible translation methodology, MAST-Mobilized Assistance Supporting Translation. MAST equips national translators to quickly and accurately translate the Bible under the guidance of the local church and to bring God's Word to their own people.


Program accomplishments


Needs